Westwing Reports 13% GMV Growth in Q1 2026

Westwing Group SE announced a notable 13% growth in Gross Merchandise Volume (GMV) for Q1 2026, reaching EUR 135 million. The company also reported a revenue increase of 11% year-over-year, totaling EUR 120 million. This growth was primarily driven by a successful sales event in January and continued expansion into new markets.

Adjusted EBITDA rose to EUR 9.6 million, representing a margin of 8.0%. However, free cash flow remained negative at EUR -2.0 million, though this marked an improvement compared to the previous year. The company concluded the quarter with a net cash position of EUR 84 million, an increase of EUR 27 million from Q1 2025, following a share buyback program.

Despite uncertainties in the macroeconomic environment, Westwing is advancing its value creation strategy, which includes expanding operations into twelve new countries, including the United Kingdom.